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Studio, in Oxford Street, £125,000
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0 bed property

Oxford Street, Grimsby, Lincolnshire, DN32
£125,000

Our Summary

  • Mixed-use investment opportunity
  • This substantial mixed-use commercial property presents an excellent investment opportunity, comprising a ground floor retail unit currently operating as a beauty shop together with two self-contained residential flats
  • The property is currently producing a combined rental income of approximately £14,380 per annum, providing an established return with further potential for future growth
  • The property benefits from uPVC windows and doors throughout, practical layouts and strong potential for continued commercial and residential demand, making it an attractive addition to any investment portfolio

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Description

The property is a mixed-use commercial property with a ground floor retail unit and two self-contained residential flats. The retail unit has a prominent frontage with a uPVC display window and electric roller shutter, and a separate work and preparation area with a sink, base units, and toilet. The ground floor flat has a kitchen with fitted units, a bathroom with low flush WC and bath, a bedroom with uPVC window, and a living room with wood effect flooring.

The first floor flat has a bedroom with uPVC window, a living room with uPVC window, a bathroom with toilet, wash basin, and bath, and a fitted kitchen with wall and base units and boiler. Throughout, the property benefits from uPVC windows and doors, providing a versatile and potentially profitable combination of commercial and residential space.